One of the latest Australian bookmakers on the scene is Colossalbet. They pride themselves on premium customer service and the ability to cash in on your winnings instantly, whether that be through thousands of retailers across Australia or through instant withdrawals.
See our full Colossalbet review below, highlighting some of the key features of both the Colossalbet website and the Colossalbet mobile app, as well as taking you through everything Colossalbet can offer.
Colossalbet is an Australian owned and operated that launched in March 2021. All bets on the Colossalbet site are taken on behalf of Ryman Racing Pty Ltd.
Ryman Racing is a company registered under the YPL Investments Limited who have been operating since 2009, based out of Randwick Racecourse in Sydney.
Colossalbet is a member of the NSW Bookmaker Cooperative which guarantees payment of all winning bets and the protection of funds through NSW Bookmakers Co-op, a NSW licensed bookmaking company.
Colossalbet Betting Markets
Of course, Colossalbet's focus is on the major sports, such as AFL, NRL, NFL, NBA, Cricket and Tennis, where they offer a wide range of markets as well as Same Game Multis in some instances. However, Colossalbet now also offer markets for some of the more niche sports like Surfing, Snooking, Darts, eSports and more!
Racing is where Colossalbet really excels and if your primary interest is horse racing then Colossalbet will have you covered from midweek meets to weekend racing. They offer all of the standard markets such as win, place, quinella, exacta, trifecta, first four and quaddies on all Australian greyhound, harness and thoroughbred racing meets. As it stands though they only offer SP prices for international racing.
Colossalbet IQ is a one of the better products in the sports betting industry. Colossalbet IQ provides personalised recommendations and tips based on your own personal betting history! This is a great feature that you might see more of in the future across many other sports betting sites.
Colossalbet Cash In
Another great feature of Colossalbet is their Cash In feature. Cash in allows users to instantly cash in to their account by purchasing at thousands of retailers across Australia.
Colossalbet features the Colossalbet Mastercard which allows customers to instantly withdraw their winnings via ATMs and other retail outlets around the country where Mastercard is accepted.
They also have some great daily promotions for their loyal customers. Create an account and login for more details.
The Colossalbet website interacts very similarly to many of Australia's leading sports betting sites. So if you're an experienced sports bettor, you should find it a smooth transition across to use the Colossalbet interface.
The website features the standard three-panel setup that is seen in most online agencies. On the left is the sport and racing menu, in the middle the markets and on the right the bet slip. They also have the next to jump races across the top of the screen which is perfect for horse racing punters.
Colossalbet Mobile App
The Colossalbet mobile app is seamless and incredibly responsive which is crucial when trying to jump on a last-minute bet before the race jumps. It is free to download and available on both Android and iOS devices.
It is one of the best mobile wagering apps around for ease and efficiency, which is a great sign from such a new online sportsbook.
Colossalbet Promotions & Bonuses
Under Australian legislation, it is not legal for signup bonuses or incentives to be provided to Australian customers.
However once you create an account, Colossalbet do offer some great promotions to their customers.
As always, please check the terms and conditions of any sports betting promotion as they are only available to eligible customers and may not be available to all states.
Colossalbet Promo Code
There is no Colossalbet Promo Code required to gain access to the promotions on the site. Just click on the links or banners on this page to join and you'll be looked after by the amazing Colossalbet team!
Colossalbet Deposit/Withdrawal Information
Colossalbet's Banking Team processes withdrawals Monday through to Friday at 9am and 5pm. Any withdrawals requested after 5pm on Friday will be processed the following Monday at 9am.
Colossalbet Customer Support
The Colossalbet Customer Service team are first class. They are available on (02) 7202 7462, to the Betting Team on (02) 7908 6250, from 8am to 9pm every day. There is also 24/7 email and live chat customer support that you can access via the Colossalbet website.
WHAT ARE YOU REALLY GAMBLING WITH?
For free and confidential support call 1800 858 858 or visit Gambling Help Online at www.gamblinghelponline.org.au.
Editor’s note: Take care when signing up to new sports betting agencies. Be sure to read all terms and conditions of any bonus offers, deposit/withdrawal requirements and identification verification on each respective site, as some of the information on this page may be outdated. Before You Bet will do their best to keep this page up to date, but takes no responsibility for any information on this page being incorrect.